Resources: Nigeria, Parliamentary Committee

This submission makes detailed comparisons between CDC (the Development Finance Institution [DFI] wholly owned by the UK’s Department for International Development [DfID]) and the DFIs of Germany, Sweden, The Netherlands, European Union and the World Bank’s International Finance Corporation (IFC).

This submission to a UK Parliamentary Inquiry into the Department for International Development (DfID) focuses on the support given by a DfID owned fund management business, CDC, to private equity funds and concerns over alleged corruption in several investments made by CDC-backed funds in Nigeria.